Today's typical probabilistic cost analysis assumes an "ideal" project that is devoid of the human and organizational considerations that heavily influence the success and cost of real-world projects. In the real world “Money Allocated Is Money Spent” (MAIMS principle); cost underruns are rarely available to protect against cost overruns while task overruns are passed on to the total project co...

This paper analyzes situations in which a project consisting of several activities is not realized according to plan. If the project is expedited, a reward arises. Analogously, a penalty arises if the project is delayed. This paper considers the case of arbitrary nondecreasing reward and penalty functions on the total expedition and delay, respectively. Attention is focused on how to divide the...

Software cost estimation is the process of predicting the effort required to develop a software system. The basic input for the software cost estimation is coding size and set of cost drivers; the output is effort in terms of Person-Months. Here, the use of FPA and COCOMO has been proposed for the estimation of software project cost. It was found the FPA results for first case study WBDDDS was ...

It is well known that the costs to fix errors increase as the project matures, but how fast do those costs build? A study was performed to determine the relative cost of fixing errors discovered during various phases of a project life cycle. This study used three approaches to determine the relative costs: the bottom-up cost method, the total cost breakdown method, and the top-down hypothetical...

It is well known that the costs to fix errors increase as the project matures, but how fast do those costs build? A study was performed to determine the relative cost of fixing errors discovered during various phases of a project life cycle. This study used three approaches to determine the relative costs: the bottom-up cost method, the total cost breakdown method, and the top-down hypothetical...

uncertainty plays a major role in any project evaluation and management process. one of the trickiest parts of any production project work is its cost and time forecasting. since in the initial phases of production projects uncertainty is at its highest level, a reliable method of project scheduling and cash flow generation is vital to help the managers reach successful implementation of the pr...

With increasing expenses for future HPC centers, the need to look at their productivity, defined as amount of science per total cost of ownership (TCO), grows. This includes development costs which arise from development effort spent to parallelize, tune or port an application to a certain architecture. Development effort estimation is popular in software engineering, but cannot be applied dire...

It is well known that the costs to fix errors increase as the project matures, but how fast do those costs build? A study was performed to determine the relative cost of fixing errors discovered during various phases of a project life cycle. This study used three approaches to determine the relative costs: the bottom-up cost method, the total cost breakdown method, and the top-down hypothetical...